1080 ARTICLE 81.

and secretary or treasurer or the officers performing the functions of said
officers of such corporation. After a revival of the existence of such cor-
poration shall be effected, a meeting of the stockholders of such corporation
shall forthwith be called by the president or by a director, upon such,
notice as is required by law, by the charter, or by the by-laws for an
extraordinary meeting thereof, and at such meeting the stockholders or
members shall elect a full board of directors which board shall then elect
such officers as are provided by law, by the charter, or by the by-laws to
conduct and carry on the business and affairs of the corporation.

(c) Such articles of revival shall be delivered to the State Tax Com-
mission, which, upon the payment, and not before, of a recording fee of ten
dollars and a revival fee of twenty-five dollars, and upon being satisfied,
and not before, that all State and local taxes (other than taxes on real
estate) and interest and penalties due by the corporation, irrespective of
any period of limitation otherwise prescribed by law affecting the collec-
tion of any part of such taxes, and an amount equal to all State and local
taxes (other than taxes on real estate) and interest and penalties which,
irrespective of any period of limitation otherwise prescribed by law
affecting the collection of any part of such taxes, would have been payable
by the corporation if its charter had not been forfeited, have been paid,
shall receive the same for record and indorse thereon the date and time of
such receipt and promptly record the same, together with the indorsements
thereon, as in the case of a certificate of incorporation. The recording by
the State Tax Commission of the articles of revival shall be conclusive
evidence of the payment of the fees and taxes required to be paid and of
the revival of the charter of the corporation, except in a direct proceeding
by the State, county or city entitled to such taxes. After the recording
by it of such articles of revival the State Tax Commission shall transmit
the copy thereof, duly certified by it, to the Clerk of the Circuit Court or
Superior Court (according to the location of the principal office of the
corporation), by whom the same shall be again recorded. One-quarter
of the recording fees collected shall be paid by the State Tax Commission
for recording such articles of revival to the Clerk of the Circuit or Superior
Court, to whom the same are transmitted, and for the balance and for the
revival fee it shall account quarterly to the Comptroller and pay the same "
forthwith to the State Treasurer for the use of the 'State. A duly certified
copy of the articles of revival from the records of the State Tax Commis-
sion or the Clerk of the Circuit or Superior Court shall be evidence of the
revival of the charter of the corporation and of its right to exercise the
powers contained in its charter.

(d) The State Tax Commission shall promptly notify the Comptroller
and the Treasurer of the receipt for record of all articles of revival.

(e) Such revival of the charter of the corporation shall validate all con-
tracts, acts, matters and things made, done and performed within the scope
of its charter by such corporation, its officers and agents during the time
when such charter was void, with the same force and effect and to all